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29/09/11, we got the HLE approved, my husband and I have been looking around for a HDB resale flat. We have so far seen about 15 flats thus far and we are so disappointed that even with HLE @193K & combined CPF of @ 200K, we are unable to purchase a flat in Tampines as COV 30-40K we do not have. What shall we do?
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2 Answers

Hi buyer,

Would you consider a 4NG flat in AMK? Valued at $398k and asking COV $18k on #4. Let me know such that I can make arrangements with cobroke agent to view the unit.

Perhaps, you'd also like to re-evaluate your requirements as I understand that some units does have COV asking in the range of $20k++ but subjected to its conditions.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Dear Mr/Ms Buyer,

In the current market, the average COV is going around $30k & above....

Houses that are asking for $10k-25k COV are really hard to come by. At times, we may also have some reservation on buying them, worrying whether the unit/seller has any financial problem.

Alternatively, you may wish to look at BTO flats / Sale of balance new flat if you are still eligible. That way it will save you some fees like agent service fees & renovation cost using cash.

Shall you have more doubts, you can always ring me for chat.

Best Regards,
Jaslin POH
Mobile 83339131  Read More
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